03:35 PM EST - Saxon Financial Inc. : reported that its first quarter net income increased 32% to $4.1 million or $0.30 per share, from $3.11 million or $0.23 per share in the same quarter last year. Quarterly revenues rose 20% to $13.63 million, from $11.34 million in the same quarter previous year. Saxon Financial Inc.
shares T.SFI are trading up 23 cents at $24.72.